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Economic Survey 2016-17 Highlights. Economic growth to return to normal as new currency notes in required quantities come back into circulation Ministry of Finance Dated: 31/01/2017 Press Release Finance Minister Shri Arun Jaitley Presented Economic Survey 2016-17 in the Parliament today Economic Survey says economic growth to return …
Property Tax can be tapped to generate Additional Revenue at City Level. As per the Economic Survey 2016-17 property tax potential is large for ULBs Ministry of Finance Dated: 31/01/2017 Press Release Property Tax can be tapped to generate Additional Revenue at City Level The Economic Survey 2016-17, …
Education per se charitable us 2(15). Registration u/s 12A can not be denied for not free of cost education to needy students-ITAT ABCAUS Case Law Citation: ABCAUS 1112 (2017) (01) ITAT Important Case Laws Cited/relied upon: American Hotel & Lodging Educational Institute vs. CBDT 301 ITR 86 …
Beti Bachao Beti Padhao spurious schemes Warning. The scheme has no provision for individual cash incentives-Press Release by MWCD Warning against spurious schemes being floated in the name of Beti Bachao Beti Padhao It has come to the notice of Ministry of Women & Child Development, Government of …
Cash Withdrawal Limit Removed-ATM for current overdraft cash credit accounts immediately and for ATM from 01-02-2017 Reserve Bank of India Limits on Cash withdrawals from Bank accounts and ATMs – Restoration of status quo ante RBI/2016-17/217 DCM (Plg) No. 2905/10.27.00/2016-17 January 30, 2017 The Chairman / Managing Director …
Election Commission Applauds Income Tax Department in their role during Elections held in 2016. Election Commission of India (ECI) National Awards for 2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 27th January, 2017. Press Release Election Commission of India …
Filing adjournment application at closing office hours. CIT(A) was justified in passing ex-parte order upholding penalty u/s 272A(1)(c) – ITAT ABCAUS Case Law Citation: ABCAUS 1111 (2017) (01) ITAT Assessment Year : 2012-13 Date of Pronouncement: 19-01-2017 Important Case Laws Cited/relied upon: Smt. Rekha Rani Vs. DCIT …
Business Sentiments for Q4 2016-17 Declines-RBI Survey Decline in Overall Business Sentiments for Q4:2016-17: RBI’s Industrial Outlook Survey finds The 76th round of the Reserve Bank of India’s Industrial Outlook Survey (IOS) indicated a decline in business sentiments. This round of the survey was conducted during October-December 2016. …
SPICe Form INC-32 for company incorporation with PAN TAN. MCA21 system to auto generate pre-filled application forms 49A and 49B MCA has notified new version of Form SPICe (INC-32) with effect from 30th January 2017 so as to include the functionality of applying for Company PAN and first TAN (allotted …
CBDT Clarifications on GAAR provisions under the Income Tax Act, 1961 Ministry of Finance Dated: 27/01/2017 Press Release Clarifications on implementation of GAAR provisions under the Income Tax Act, 1961 The General Anti Avoidance Rule (GAAR) provisions shall be effective from the Assessment Year 2018-19 onwards, i.e. Financial Year …
